June 16th, 2024

S&P/TSX composite index down nearly 150 points in broad-based decline


By The Canadian Press on June 11, 2024.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, Nov. 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO – Canada’s main stock index was down nearly 150 points in a broad-based decline, while U.S. stock markets were mixed in late-morning trading.

The S&P/TSX composite index was down 148.52 points at 21,921.24.

In New York, the Dow Jones industrial average was down 209.99 points at 38,658.05. The S&P 500 index was down 10.02 points at 5,350.77, while the Nasdaq composite was up 26.50 points at 17,219.03.

The Canadian dollar traded for 72.62 cents US compared with 72.65 cents US on Monday.

The July crude oil contract was up a penny at US$77.75 per barrel and the July natural gas contract was up 15 cents at US$3.06 per mmBTU.

The August gold contract was up US$2.10 at US$2,329.10 an ounce and the July copper contract was down seven cents at US$4.48 a pound.

This report by The Canadian Press was first published June 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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